REPO Transactions

Dubai Clear Company may now process requests for transfer of ownership securities listed for REPO Transactions between a repo seller and a repo buyer who have agreed on a repurchase agreement between the investors’ Banks or Financial Institutions.

1. Transfer securities from REPO Seller to REPO Buyer: 0.002 (two per thousand) of the market value of the shares
   Fees = Number of securities*market value of securities*rate

(Minimum AED 100)

2. Transfer securities from REPO Buyer to REPO Seller: AED 100 per company


(Note: All fees to be paid to Dubai Clear Company by the Repo buyer only)

Note: All current fees are subject to VAT. The fee will be added to invoices as per the UAE Federal Law No.8 of 2017.

• Receive forms from the Buyer and Seller
• Register the Repo buyer in Dubai Clear Company records
• Transfer the securities from Seller to Buyer’ account or vise versa (in case receive request to move the securities to seller account later)
• Send account statement report to Repo Buyer
• Issued a voucher

• Buyer and Seller of the Repo should fill the form
• Attach copy of Repo Agreement
• Pay Repo fees by the Buyer

Through Member or Settlement agent